See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.2+ years Filed as: ALERUS FINANCIAL NA Service code 15 · EIN 45-6062081 TWO PINE TREE DRIVE SUITWE 400 · ARDEN HILLS, MN 55112 | Recordkeeping | $8,427 |
LPL FINANCIAL2+ years Service code 27 · EIN 04-3046611 75 STATE STREET · BOSTON, MA 02109 | Advisory (Plan) | $6,197 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,318 | $56,629-72.9% | $77,999-80.4% | $55,167-72.2% |
| Participation rate | 72.1% | 73.3%-1.2pp | 75.5%-3.4pp | 69.0%+3.1pp |
| Annual return | 12.91% | 2866.98%-2854.1pp | 425.96%-413.1pp | 169.23%-156.3pp |
| Employer contribution / active EE | $1,353 | $1,723-21.5% | $2,470-45.2% | $1,963-31.1% |
| Participant deferral / active EE | $2,502 | $2,777-9.9% | $3,497-28.5% | $3,054-18.1% |
| Admin fee / account holder | $126 | $467-73.0% | $5,480-97.7% | $504-75.0% |